As reported in USA Today, a recent economic study suggests that by 2016 (next year!) the world’s richest 1 percent will control more than 50 percent of world global wealth. In this country there is solid evidence the income gap between the rich and the middle class is ever widening. Becoming a chasm.
If a Democrat should wish to discuss this growing inequity Republicans are quick to use the term “class warfare” in an attempt to evade the question. Mention the possibility of tax increases and the closing of loopholes for the wealthy and Conservatives cry foul and insist this involves “income redistribution.”
As a perhaps it’s an “only me” observation, if a person were to compare middle class earnings with the incomes of members of Congress, most if not all of our elective officials would be classified as “rich.” In that context don’t Republicans have a conflict of interest when they continuously side with the affluent? Is the saying “perception is everything in politics,” correct?
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I am anchor
Chasm issues
Posted
Bill Schweers
As reported in USA Today, a recent economic study suggests that by 2016 (next year!) the world’s richest 1 percent will control more than 50 percent of world global wealth. In this country there is solid evidence the income gap between the rich and the middle class is ever widening. Becoming a chasm.
If a Democrat should wish to discuss this growing inequity Republicans are quick to use the term “class warfare” in an attempt to evade the question. Mention the possibility of tax increases and the closing of loopholes for the wealthy and Conservatives cry foul and insist this involves “income redistribution.”
As a perhaps it’s an “only me” observation, if a person were to compare middle class earnings with the incomes of members of Congress, most if not all of our elective officials would be classified as “rich.” In that context don’t Republicans have a conflict of interest when they continuously side with the affluent? Is the saying “perception is everything in politics,” correct?
Yes, I am a Progressive. And yes, there are wealthy individuals who support our initiatives with the difference being most agree that tax increases and the closing of loopholes are warranted. This represents real trickle-down economics. It’s about fair play not income redistribution.
Following is my plan for addressing The Chasm Issue: I will form a non-profit corporation entitled Middle Class Money Refuge. Utilizing tax exempt donations I intend to purchase an island in the Caribbean and name it “Cayman Island 2.” Staff will be made up of CPA’s, tax attorneys, and lobbyists (lots of lobbyists). For a $25 annual fee all middle class wage earners will have their checks mailed to this off-shore account so they can reap the same benefits as their wealthy counterparts.
Would you like to contribute to this cause?
(The writer indicates this letter was mailed to Senators John McCain and Jeff Flake and Representative David Schweikert)
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